President Muhammadu Buhari and the state governors held a meeting Tuesday morning at the Council Chambers in the Presidential Villa to discuss the financial crisis currently facing most of the states of the federation.

The President and the governors agreed to throw away the proposed financial bail-out plan. Rather, the governors suggested that the Federal Government should pay all the monies the central government owes the states for all the Federal Government projects carried out in their respective states.

The governors also asked that the tax paid by the Nigeria Natural Liquefied Gas Company be paid into the Federation Account and be shared.

Present at the meeting were: Vice President Osinbajo, Governor of  Ogun, Imo, Gombe, Benue, Rivers, Delta, Niger, Kano, Katsina, Zamfara, Kogi, Borno, Jigawa, Kebbi, Kwara, Taraba, Ekiti, Ondo, Kaduna, Oyo, Osun, Edo, Anambra, Sokoto, Ebonyi, Lagos, Adamawa, Cross Rivers, Akwa Ibom and Yobe States. Bayelsa and Plateau states sent representatives.